Coronavirus outbreak pushes up China's inflation to highest level in 8 yrs

China's consumer prices rose at their fastest pace in over eight years in January, as uncertainties about the outbreak of a new pneumonia-causing coronavirus prompted people to stock up on daily necessities, the government said Monday.A pork shortage stemming from a yearlong African swine fever epidemic also contributed to the jump in inflation, official data showed. The country's consumer price index spiked 5.4 percent last month from a year earlier, the highest increase since October 2011.Pork prices more than doubled from the same month last year, while vegetable prices climbed 17 percen…READ FULL ARTICLE